Free Bet Improvements From Betfair
November 28, 2016
Betfair has improved the way you can find and use free bets on its sportsbook which will make life a little easier when matched betting.
Betfair has made a number of upgrades to the sportsbook recently with the “Promotions” tab taking customers to a revamped page displaying all current offers in well laid out sections with clear descriptions of the offer details and terms. The latest changes are a further upgrade; they simplify using I and add more flexibility as you can now use them how you want.
Once you qualify for a free bet it is automatically added to the Sports Bonus balance below the Main wallet at the top of the screen so it can be seen immediately after you log in. When your free bet is available to use on a specific bet, you’ll see a neat “Use available bonus” switch on the betslip. Toggle it on to cover your bet stake and any excess bonus funds will remain in your balance and can be used on another bet.This is a nice touch from Betfair as previously free bets had to be used in their entirety and while matched bettors are largely happy using their free bets in one go, there are times when it comes in handy to be able to use part of the bonus.
The “My Bonuses” section is now more accessible from its placement in the main Sports navigation bar and gives full details of available bonuses.
Betfair is a valuable account for matched betting thanks to frequent and varied free bet promotions. Free bet if you pick a winner with SP of 3/1 or bigger can be a real money maker and is available on all Channel 4 and More 4 racing. There is a similar offer available for greyhound racing televised live on Sky Sports with a free bet for picking a winner with SP of 2/1 or bigger.
Double odds offers on Football and treble odds on NFL and Rugby provide some great opportunities to land some big bonuses from time to time.
It was the advent of betting exchanges that made matched betting a viable proposition and Betfair operates the world’s largest betting exchange. It provides more betting markets than any of its competitors and is easier to find matches due to the high liquidity available on the exchange.
Commission rates are higher than the competition but can be offset to some degree with promotions such as cash race. In this promotion, customers accumulate points for laying their bets as normal on the exchange for which they receive cash back at the end of the promotion.